Gold Soars Above Key Technical Level Near 2-Month Highs

Gold futures just broke out of their recent range, pushing well above the key 100-day moving average and testing towards $1120 - the highest since early November. It appears precious metals are signaling - as they have done since mid-December - that The Fed will be forced to admit it is wrong - just as Jeffrey Gundlach warned.

Is gold pricing in a policy error?

 

Breaking the crucial 100-day moving average (after testing its 3 times)

 

Because the money markets are...

 

And so does most of the rest of the market...